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Search Results 0 to 6 of about 7 (some duplicates have been removed)
CNBC
Feb 9, 2010 11:00pm EST
who's equivalent of ben bernanke he hurried back. the moment he booked that ticket the hedge funds figured he was going to solve the crisis and that's when they started rallying. y yun -- can you believe it? you just need to find out who his travel agent is and book your trade accordingly. if we knew he's on the case, we're less concerned about a collapse in europe and we recognize that he isn't about to cut off the stimulus that's so crucial to getting europe which has the worst economies in the world going in the right direction. if the stock market stimulus thing is still with us, then we're not going to slink back into a worldwide slowdown. trichet's travel interruption was so powerful it was able to do something i have not seen happen since the year began, maybe even earlier, and that is the stock market did not go down when the baron chief president obama spoke on tv. way to go, trichet. now, i know about zorba the greek than greek bonds. i get the gist of trichet's move -- memo to trichet on his travel plans, make sure they're never on a sunday because the markets aren't ope
CNBC
Feb 25, 2010 12:00pm EST
which we're watching for you. we'll bring you the latest, ben bernanke, et cetera, okay, bears have had such an edge today. you've got to admit it, right? don't they? greece could be in trouble. germany's so tentative, spain's next, jobless claims are terrible. strong dollar. you can only imagine then with that parade of horribles, how hobbled the consumer is, can't be buying right? no wonder we're down so much. then all of a sudden the facts get in the way of the story. look, i want to be bearish in all this news. i want to join my buddies and pals, friends, yogi, boo-boo, baloo and smoky, but then we get coal saying things are getting better and not just because of the two shirts and buy two get one free purchase of kohl's brand socks, the house brand, i made this four weeks ago, can you tell the difference in that quarter was amazing. it's every bit as good as saks' and macy's. then autoparts makers saying auto sales are coming back strong. it is up moving better than $1. can you imagine how much market share ford must be taken as its format seemed darn good even on a snowy day a
CNBC
Feb 24, 2010 6:00pm EST
." trying to entertain you. call me. the most dramatic piece of news today did not come from ben bernanke's grilling in front of the house of representatives. bernanke floated like a butterfly. didn't bother to sting at all. it wasn't the skewering of toyota by congress for which the takeaway is quite obvious. keep buys ford and ford preferred. no, none of that. the most sit-up and take notice piece of news today came from dollar tree. which skyrocketed six points, up more than 14% on a day when the dow gained only, well, like 92 points. s&p up a percent. why do we care about a dollar score more than the fed chairman or a huge automaker? first, in full disclosure, my good and plenties of toiletries at my local store did not skew the numbers higher. although it didn't subtract from the company's astounds 32% increase in earnings. no. what this number says and what the stox said in reaction to it along with the store's radically high guidance from 2010, is that the consumer, the consumer is bummed and the consumer is stretched. >> the house of pain. >> i tell you, you don't go to dollar tree
CNBC
Feb 10, 2010 11:00pm EST
bernanke, who gave testimony to nobody because of the snow. testimony which said he isn't going to tighten until the economy gets better, bizarrely. those comments initially send the market down hard. it made me think, what does the market say, what is wall street saying to him. they wanted to say, i'm going to flood the market with money even if things get good? would they have preferred them to tell us all is well, and i'm tightening right now? thankfully bernanke continues to do the right thing. i'm calling him the grown-up in chief. finally, i think we're going to see a real stimulus package coming out of congress. a bipartisan effort that will actually produce real jobs that use real equipment and fix real infrastructure. are you listening my friend? c are that's big news. it signals that the administration may be able to walk, chew gum and botch health care reform all at the same time. the bottom line, we slip through obama and china today. maybe this is the beginning of something big that will permanently sideline our two least favorite sea monsters. or maybe it's just a bre
CNBC
Feb 24, 2010 12:00pm EST
bernanke's testimony. they're taking a break and we're monitoring it and return to it if need be. let's go to steve liesman. what do you think is happening here? >> the main thing to note is the thing he said again that the fed will remain exceptionally low for an extended period. there were questions about given what happened to the discount rate and given a very confusing financing program that they announced yesterday which is sort of a drain on liquidity. the main thing is bernanke steps forward and says we will remain exceptional, there are a lot of games and dancing going on about regulatory reform and games and dancing going on about some of the fed anger and the populist anger about where you go from here on deficits and that, but i don't think any of that is as substantial, jimmy, as the chairman saying here's the policy. the policy is what it was in january. one other note i would make, i thought his comments on the recovery were tentative and more on the one hand and on the other hand he's talking about this transition from a kind of government-fueled growth and an inventory
Search Results 0 to 6 of about 7 (some duplicates have been removed)